Kornit Digital (KRNT) IPO Opens Up 20%
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Kornit Announces Pricing of Initial Public Offering
April 1, 2015 7:48 PM EDTROSH-HA'AYIN, Israel, April 1, 2015 (GLOBE NEWSWIRE) -- Kornit Digital Ltd., a company that develops, designs and markets innovative digital printing solutions for the global printed textile industry, today announced the pricing of its initial public offering of 7,100,000 ordinary shares at a price to the public of $10.00 per share. All of the shares are being offered by Kornit. In addition, Kornit has granted the underwriters a 30-day option to purchase up to an additional 1,065,000 ordinary shares to cover over-allotments, if any. The shares are expected to begin trading on the Nasdaq Global Market on April 2, 2015 under the ticker symbol "KRNT."
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